$1,000,000
 $5,368 est/mo Sourced by Back At You

1300 Roosevelt Avenue,Greenwood, MS 38930

Greenwood, MS 38930

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Description

David Jordan Apartments - Phase I presents an excellent investment opportunity featuring 40 income-producing units: 24 two-bedroom, one-bath apartments and 16 three-bedroom, one-bath apartments, 5 buildings, 8 units each. Renovations have brought the property up to current code standards, making it mostly suitable for Section 8 participation or private-market leasing. All units are currently rented at private-market rates. Each apartment features a spacious 6'10" × 34' covered front porch and was constructed to ADA-accessible specifications. Additional amenities include a playground, paved parking and a separate management office (666 SF)for an on-site manager. This fully occupied apartment community offers immediate income with professional on-site management capabilities. Currently paying On-site Manager, $450/week On-site maintenance, $600/week

Details

MLS #4159781
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1999
Days On Site15
Listing Provided ByPowers Properties | Pam Powers

Features

Bed(s)96
Bath(s) 40 Total
SQ Feet15,532
Story(s)2
Units40
Acreage3.00
Water FrontNone

Interior

CoolingCentral Air, Electric
HeatingCentral, Natural Gas
Interior FeaturesCeiling Fan(s)
Window FeaturesBlinds
FurnishedNo
AppliancesGas Range, Gas Water Heater, Refrigerator

Exterior

Exterior FeaturesSee Remarks
RoofArchitectural Shingles
Security FeaturesNone
Construction MaterialsBrick Veneer
Foundation DetailsSlab
Lot FeaturesCity Lot, Level

Parking

Attached Garage Yes / NoNo
Parking FeaturesOn Site, Parking Lot, Paved

Location

Community FeaturesPlayground

Utilities

UtilitiesCable Available, Natural Gas Connected, Sewer Connected, Water Connected, Fiber to the House

Taxes

Property7457

Area Information

StateMS
CountyLeflore
CityGreenwood
Zip Code38930
AreaLeflore
Community NameMetes And Bounds
Listing VS Median (in Metes And Bounds)
Price:
$1,000,000
low | high
Med:
$229,000
100% of Average
sqft:
15,532
low | high
Med:
800
100% of Average
$ / sqft:
$64
low | high
Med:
$286
100% of Average
On site:
15
low | high
Med:
2
100% of Average
Sourced by Back At You

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Learn More About This Property

StateMS
CountyLeflore
CityGreenwood
Zip Code38930
AreaLeflore
Community NameMetes And Bounds
Listing VS Median (in Metes And Bounds)
Price:
$1,000,000
low | high
Med:
$229,000
100% of Average
sqft:
15,532
low | high
Med:
800
100% of Average
$ / sqft:
$64
low | high
Med:
$286
100% of Average
On site:
15
low | high
Med:
2
100% of Average
Sourced by Back At You
Listing Updated: August 30, 2026 at 7:56:58 AM PDT